Performance indicators for the Gilroy short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
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Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
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Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Gilroy.
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Generally Investor friendly
STRs are allowed with a clear permitting process and documented steps; the 10% TOT, safety inspections, and annual renewals add moderate cost/complexity, but there are no meaningful caps and the compliance burden is known and manageable.
Local STR Agent
STR specialist · Gilroy, CA
Gilroy is a city in Northern California's Santa Clara County, south of Morgan Hill and north of San Benito County. Gilroy is the southernmost city in the San Francisco Bay Area, with a population of 59,520 as of the 2020 Census. Gilroy's origins lie in the village of San Ysidro that grew in the early 19th century out of Rancho San Ysidro, granted to Californio ranchero Ygnacio Ortega in 1809. Following Ygnacio's death in 1833, his daughter Clara Ortega de Gilroy and son-in-law John Gilroy inherited the largest portion of the rancho and began developing the settlement. When the town was incorporated in 1868, it was renamed in honor of John Gilroy, a Scotsman who had emigrated to California in 1814, naturalized as a Mexican citizen, adopted the Spanish language, and converted to Catholicism, taking the name of Juan Bautista Gilroy.Gilroy is known for its garlic crop and the annual Gilroy Garlic Festival, featuring various foods containing garlic. These led to the city being nicknamed the Garlic Capital of the World. It is also known for boutique wine production, as part of the Santa Clara Valley AVA, mostly consisting of family vineyards around the base of the Santa Cruz Mountains to the west.